Hero EA Projects Collection: Free MT4 Expert Advisor

Overview

The primary logic involves momentum and volatility filters using Relative Strength Index (RSI), Bollinger Bands, and Average Directional Index (ADX) to identify trend strength. It includes built-in risk controls such as percentage-based lot sizing, fixed risk-reward ratios, maximum open trade limits, and a daily drawdown guard. The README is minimal, serving as a personal archive for multiple trading robots.

Technical indicator filtering using RSI and ADX

Automated volatility detection via Bollinger Bands

Percentage-based risk management for lot sizing

Fixed risk-reward ratio exit logic

Maximum daily drawdown protection

Details

Author

HERO-FIIFI on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Mean reversion

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

About 11 expert advisors in this repository. See them all on GitHub.

Source

github.com/HERO-FIIFI/My-EA-projects

Name	Type	Default
`RSI_Period`	`int`	`14`
`BB_Period`	`int`	`20`
`BB_Deviation`	`double`	`2.0`
`RiskPercent`	`double`	`1.0`
`RiskRewardRatio`	`double`	`2.0`
`MaxOpenTrades`	`int`	`3`
`MaxDailyDrawdown`	`double`	`3.0`
`ADX_Period`	`int`	`14`
`ADX_Threshold`	`int`	`25`

Name

Type

Default

Description

RSI_Period

int

14

BB_Period

int

20

BB_Deviation

double

2.0

RiskPercent

double

1.0

RiskRewardRatio

double

2.0

MaxOpenTrades

int

3

MaxDailyDrawdown

double

3.0

ADX_Period

int

14

ADX_Threshold

int

25

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone HERO-FIIFI/My-EA-projects from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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Hero EA Projects Collection

Overview

Details

Author

Type

Platform

Strategy

Markets

Timeframes

Risk profile

EA files

Source

Input parameters

How to install it

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